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Selvaag Bolig ASA (OSL:SBO) Cyclically Adjusted Book per Share : kr32.95 (As of Mar. 2024)


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What is Selvaag Bolig ASA Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Selvaag Bolig ASA's adjusted book value per share for the three months ended in Mar. 2024 was kr25.149. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is kr32.95 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Selvaag Bolig ASA's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Selvaag Bolig ASA was 4.40% per year. The lowest was 4.40% per year. And the median was 4.40% per year.

As of today (2024-06-10), Selvaag Bolig ASA's current stock price is kr37.80. Selvaag Bolig ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr32.95. Selvaag Bolig ASA's Cyclically Adjusted PB Ratio of today is 1.15.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Selvaag Bolig ASA was 2.26. The lowest was 0.80. And the median was 1.45.


Selvaag Bolig ASA Cyclically Adjusted Book per Share Historical Data

The historical data trend for Selvaag Bolig ASA's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Selvaag Bolig ASA Cyclically Adjusted Book per Share Chart

Selvaag Bolig ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 28.94 30.33 32.16 32.96

Selvaag Bolig ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 32.48 33.00 32.63 32.96 32.95

Competitive Comparison of Selvaag Bolig ASA's Cyclically Adjusted Book per Share

For the Real Estate Services subindustry, Selvaag Bolig ASA's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Selvaag Bolig ASA's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Selvaag Bolig ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Selvaag Bolig ASA's Cyclically Adjusted PB Ratio falls into.



Selvaag Bolig ASA Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Selvaag Bolig ASA's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=25.149/132.6000*132.6000
=25.149

Current CPI (Mar. 2024) = 132.6000.

Selvaag Bolig ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.031 97.500 32.682
201409 24.679 98.500 33.223
201412 26.053 98.600 35.037
201503 26.713 99.200 35.707
201506 26.373 100.100 34.936
201509 27.168 100.600 35.810
201512 27.191 100.900 35.734
201603 27.680 102.500 35.808
201606 27.744 103.800 35.442
201609 27.606 104.200 35.130
201612 28.877 104.400 36.677
201703 29.434 105.000 37.171
201706 29.788 105.800 37.334
201709 28.770 105.900 36.024
201712 31.045 106.100 38.799
201803 31.395 107.300 38.798
201806 30.835 108.500 37.684
201809 29.033 109.500 35.158
201812 33.432 109.800 40.374
201903 33.268 110.400 39.958
201906 33.009 110.600 39.575
201909 32.977 111.100 39.359
201912 36.118 111.300 43.030
202003 26.326 111.200 31.392
202006 25.207 112.100 29.817
202009 23.311 112.900 27.379
202012 25.990 112.900 30.525
202103 26.761 114.600 30.964
202106 24.322 115.300 27.971
202109 23.961 117.500 27.040
202112 26.349 118.900 29.385
202203 26.660 119.800 29.508
202206 25.599 122.600 27.687
202209 24.306 125.600 25.661
202212 24.947 125.900 26.275
202303 25.694 127.600 26.701
202306 24.242 130.400 24.651
202309 23.358 129.800 23.862
202312 24.553 131.900 24.683
202403 25.149 132.600 25.149

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Selvaag Bolig ASA  (OSL:SBO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Selvaag Bolig ASA's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=37.80/32.95
=1.15

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Selvaag Bolig ASA was 2.26. The lowest was 0.80. And the median was 1.45.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Selvaag Bolig ASA Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Selvaag Bolig ASA's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Selvaag Bolig ASA (OSL:SBO) Business Description

Industry
Traded in Other Exchanges
Address
Silurveien 2, Oslo, NOR, 0380
Selvaag Bolig ASA is a residential property developer. The company has several homes under development at any given time and focuses on the growth areas in and around Greater Oslo, Bergen, Stavanger, and Trondheim. Some of its projects are The ski factory, Langhus 1405, Landas, Lorenskog Stasjonsby, and others.

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